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Question : Case Study 3:

PQR Enterprises is a retail company that has been affected by changes in government policies related to taxation. The company needs to adapt its operations to comply with the new policies and minimize the impact on its profitability.

Q:- How can PQR Enterprises adapt to the changes in government policies?
 

Option 1: By seeking government subsidies

Option 2: By finding alternative suppliers

Option 3: By implementing cost-cutting measures

 

Option 4: By diversifying into unrelated businessescu


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: By finding alternative suppliers


Solution : The correct answer is (B) By finding alternative suppliers

Adapting to changes in government policies, particularly in the context of taxation, may involve finding alternative suppliers, optimizing the supply chain, or making adjustments to the procurement process to minimize the impact of the policy changes on the company's operations and profitability.

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